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Credit Suisse schliesst umstrittene Greensill-Fonds

Credit Suisse schliesst umstrittene Greensill-Fonds
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Moody s expects Petronas credit metrics to stay strong through 2021

Petronas is better positioned than its oil-heavy peers given the majority of its production consists of natural gas, which is less carbon-intensive. In 2020, natural gas accounted for about 64% of its total oil and gas entitlement. KUALA LUMPUR: Moody s Investors Service expects Petroliam Nasional Bhd s credit metrics will stay strong through 2021 to 2022. In a statement issued on Saturday it said this was based on an adjusted debt/capitalisation at around 22% and earnings before interest and tax/interest expense at eight to 12 times. Further, the company s commitment to hold significant cash will protect its credit quality during periods of volatile crude prices, it said.

Bayer rutscht massiv in die roten Zahlen

Bayer rutscht massiv in die roten Zahlen
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